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CNBC
Aug 5, 2013 7:00pm EDT
$70 million. what is going on here? why will these foes succeed while others have failed. joining us is our own julia boorstin. why will they succeed where others have failed in. >> i think the question is how do you define success? one thing jeff bezos makes very clear in his letter about this and it was also in the press release is that he's not investing this just as a financial endeavor but he sees this as supporting journalism. he says "i understand the critical role the post plays in washington, d.c. and our nation and the post values will not change." he talks about the importance of the fact that the internet has changed every part of the news interest and it needs to expand and innovate. he has a lot of success using technology to transform the distribution of content. it will be really interesting to see how he applies that approach to newspapers and to the post. >> no question bezos is a digital genius. they're losing advertisers and they're losing readers to the internet. how does the paper newspapers stay alive? i make the same -- i asked the same question up in boston f
CNBC
Aug 26, 2013 7:00pm EDT
that syria used chemical weapons. >> and despite the excuses and equalify indications that some have manufactured, it is undeniable. president obama believes there must be accountable for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. >> the pentagon tells nbc news, larry, that tonight five u.s. warships with cruise missile firing capability, four destroyers, one submarine are stationed in the mediterranean sea. the u.n. inspectors did get in the sites, but they get in so late, experts say, they may not be able to get the kind of residue tests needed to verify the use of chemical weapons, so the obama administration's move past that. it says it's happened. now comes the reaction. larry, back to you. >> many thanks, steve handlesman. we appreciate it. >>> it's virtually certain that u.s. military force will be used. the question -- what will the attack look like? second question, will it overthrow bashar al assad. joining mess is gary bernstein. joiningi
CNBC
Aug 30, 2013 7:00pm EDT
walk it back. let's go cnbc john harwood. he's live in washington for us this evening. first of all, thank you, john and second of all, good evening. what can you tell us? >> reporter: i don't think president obama was walking back those remarks from john kerry. they had different missions. we saw an acceleration of a momentum for a military strike on syria. john kerry came out saying the u.s. had evidence that syria had weapons to kill 1400 people. president obama tried reassure the american people that any u.s. response would not be open ended like the war in iraq. >> without considering any open ended commitment, we're not considering any boots on the ground approach. what we will do is consider options that meet the narrow concern around chemical weapons, understanding that there's not going to be a solely military solution to the underlying conflict and tragedy that's taking place in syria. >> reporter: now the reason it was so important for the president to reassure the public, we had a new nbc news poll out this morning showing only 42% supported the idea of striking syria be
CNBC
Aug 19, 2013 7:00pm EDT
or two about budget cutting, pro-growth tax reform, and job creation. also with us, the equally formidable president obama's former chair of the council of economic advisers, that being austan goolsbee. he is now a professor at the university of chicago booth school of business. he's going to to defend all of obama's command and control policies. and we have jim peth kooukas of the american enterprise institute who writes the problem is slow growth, not overly rich ceos. and jim paulson, chief investment strategist with wells capital management. welcome, everybody. i begin with my pal austan gals booe. because of obama care, because of tax threats, because businesses are not willing to unlock their purse strings, is there any reason to assume the economy is going to get better in the second half? and the second half was about the same as the first half, which is lousy. and this whole recovery is the worst recovery since world war ii. >> okay. first of all, you're lucky you've got jimmy p. over there defending you because if i was here i'd be coming after you. but look, i have no
CNBC
Aug 7, 2013 7:00pm EDT
to hide. i say, good for you, mr. president. nbc news steve handelsman joins us live now with all of the details. good evening, steve. >> larry, good evening to you. one reason to have held this summit is to talk about fighting terrorists. the united states and russia sometimes have done some of that together. i think before and after the boston marathon bombing. but there were other problems and the snowden case clearly tipped the balance. before he made public his decision to cancel, president obama in california was on the tonight show with jay leno and complained that the too often russia and putin have a cold war mind set. >> what i say to president putin, that's the past. and we've got to think about the future. >> criticism of the nsa, meanwhile, the peak with snowden in russia has subsided a bit with the revelation that the u.s. government intercepted top al qaeda leaders talking about a plan or at least their hope for some kind of a terrorist attack probably this week, probably in yemen. at camp pendleton today, the marine base in california, president obama told marines,
CNBC
Aug 28, 2013 7:00pm EDT
that air strikes are expected soon to punish the syrian regime. nbc's richard engel joins us from the turkey/syria border with the latest details. good evening, richard. >> reporter: larry, the longer this goes on, the more difficult it is for the united states to carry out any action, let alone a decisive action. the u.n. inspectors were back at their work, visiting sites where the worst of these alleged chemical attacks took place. they took hair, urine, blood samples. they want to continue their work. the man dade for these u.n. inspectors to be on the ground is supposed to expire on sunday s. but now the syrian government is asking them to stay longer. it's unclear if the u.n. inspectors are going to stay beyond that, but clearly syria wants them on the ground, wants them to continue their work to push off any kind of strike for as long as possible. also, syria continues to insist that it did nothing wrong. just today another syrian official said the terrorists, that's how syria describes the rebels, were responsible for these chemical attacks, and that syrian soldiers are now bei
CNBC
Aug 16, 2013 7:00pm EDT
market correction or the beginning of something even worse? joining us tonight, chapwood vehicles, katie stockton at mk and partners and cnbc contributor. how do you answer that question? i know you're positive on the growth we're going through in the united states. what about lately where we're seeing softness in corporate profitability and now the stock market? >> i'm not loving this. the dollar is going down. interest rates are going up. gold is rallying. stocks, you know, technically look a little weaker than i would have thought at this juncture. a big expansion in 52 week low. this market is more vulnerable for a variety of reasons. >> ed, gold up sharply. two year highs on the yields on the yield curve here on the long end of the curve. stocks going lower. dollar going lower. are all those markets doing what they are doing for the same reason, do you think? >> i think they are definitely coordinated. i agree with what ron said. everything he just said i agree with with one exception. when they start hitting technical points where we go through those the computers take over
CNBC
Aug 6, 2013 7:00pm EDT
saying is isn't he going to use all the data that amazon has collected, massive data, to find out what his new customers really want? and isn't that what the "washington post" failed to do? >> i think you're exactly right. and one thing about bezos is he's -- a lot of people saying he's more libertarian. out here he was very involved. he gave millions of dollars in the state of washington to support what he calls marriage equality, which is redefining marriage. so i think he probably leans to the left. but i think he leans toward profit. and that's what we're talking about here. there's a lot of room in national newspapers in between the "wall street journal" and the "new york times." and i think his right play is to go right for that middle ground which the "washington post" hasn't done. it's just basically been an inside the beltway version of the "new york times" and doing -- aiming it nor at the ground between the journal and the times as that national publication and going for that national status, not just inside the beltway. i think there's a lot of room for growth and he p
CNBC
Aug 8, 2013 7:00pm EDT
we're all too pessimistic. or maybe not. here from the cme is rick santelli, also with us joe la voin i can't and jared bernstein. rick santelli, such a pleasure to have you back on the show. i go to you first. rick, your jobless claims have come down, lowest since november '07. food prices are actually falling in a new report today. that's great for consumers. and what really caught my eye was that serious u.s. mortgage delink gwe delinquencies a five year low. maybe things are better. >> all i can think is maybe we overestimated some of the down side whether in u.s., europe. but i think we're overprizing stabilization. i think positive things are happening, but then again, time does heal all wounds. and if things were so absolutely green shooting oig, and we're used that term before several years ago, we shouldn't have to use it twice. either they're green shoots or just vines and i can't tell which you. but i will tell you this, it's a circular argument. if things were as good as where he want to paept thint them, th can't the fed vacate the premises. why can't bank of japan vacate
CNBC
Aug 12, 2013 7:00pm EDT
some of the leave way and discretion they used to have would require congressional action, but there's already support from both parties here on the hill. >> in the meantime my understanding is the way they are going to do it is federal prur prosecutors aren't going to include the amount of the drug in the information given to the judge and then therefore he cannot do one of the minimum mandatory sentences; is that correct? >> that's one way do it. if you have keep the amount undefined it, can be dumbed down to simple possession, if you will, and that gives the judges the discretion they don't have. but when it does come to a first federal offense for pot, there is no minimum mandatory. so in that one offense, which is the most common federal drug arrest, you don't need to do this. >> all righty. terrific. thank you so much, steve. nbc steve handelsman. so will the changes be enough to fix our prison system? joe, i'm going to start with you. is this a good idea? >> it's a good idea. it's a good start. i agree with the attorney general. we have too many people in prison for the wrong th
CNBC
Aug 29, 2013 7:00pm EDT
waning. nbc's ayman missou mo hell -- m joins us. >> reporter: in the last 24 to 36 hours that's a spike given over the last several weeks they've been seeing -- that reflects a growing anxiety among syrians of what many people are saying is an impending military strike against the syrian government. however, there are growing concerns today beyond a humanitarian crisis. there are also concerns that this conflict could spread beyond syria's borders to affect the entire region. today a senior iranian commander came out and said if the united states attacked syria, it would be the second vietnam war for the american military and more importantly said it would be the beginning of the end of the israeli state. meanwhile, israel concerns are running high. the israeli government has called up a few reserves. more importantly there's been a run on in terms of gas masks, concerned that perhaps the syrian government might fire chemical weapons into israel. here one of the closest allies, hezbollah said they would come to -- that has given a lot of countries in the region a moment of pause.
CNBC
Aug 23, 2013 7:00pm EDT
weapons use over there. president obama seems very conflicted about what to do, and i'm not sure i can really blame him, but more and more cities and states are blaming obama care for cutting their government worker jobs and work hours. this ill-advised health care law is likely to cut more private sector jobs than the budget-cutting sequester. all of that and more coming up on "the kudlow report" coming up right now. ♪ ♪ ♪ >>> first up tonight's speaker of the house john boehner says republicans will not shut down the government over obama care. cnbc's john harwood has that story for us. good evening, john. >> reporter: congress returns in just over two weeks to a huge fight over government spending and debt. with no agreement in sight between the white house and congressional republicans, both sides are trying to prepare the ground for the battle and the economic bus tour president obama today tried to rally public opinion against a possibility of a government shutdown aimed at his health care law. most recently there's been threats that we would shut down the government un
CNBC
Aug 21, 2013 7:00pm EDT
the topo lit call minds in america is set to join us tonight. we're going to ask larry sabato about what's wrong with the deck kratz today. hillary clinton's presidential chnss and get a look at the big new online course and all about the legacy of john f. kennedy. all of those stories and more coming up on "the kudlow report" coming up right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the federal reserve minutes. did they tell us anything? steve liesman joins us in jackson hole. >> good evening, larry, from jackson hole where the fed is gathering. they're gathering without ben bernanke and mario draghi. the fed is releasing its minutes from the july meeting in which it showed no clear intention as to the tapering in september. the committee is split with a few members saying the fed should be patient before tapering. there was not enough economic data and a few members saying the fed should stick to the plan announced in june. quote, it might soon be time to taper. almost all of the participants were pretty comfortable with the june guidance whic
CNBC
Aug 14, 2013 7:00pm EDT
policy expert author of the book "beating obama care." thank you so much for joining us. lisa myers, the story surveys businesses across the country and they tell her they are cutting employees' hours to get them below the 29 hours in order to not have to provide health insurance. what do you say to that, mark? >> the company surveyed was subway. >> 20 businesses across the country. >> and small business. this only applies to businesses that employee more than 50 people. so these are medium-sized businesses, small family owned businesses aren't going to be affected by this. and, you know, this has been a republican talking point since the rollout of obama care. >> so you're saying it's a talking point and it's not true that if you have employees that were working more than 30 hours, that's not happening? >> sure. sure. and don't take my word for it. there's a senior vice president of the payroll company who points out that the costs, the administrative costs, costs of hiring retaining, attracting people, managing a large fleet of part-time staff will be prohibitive and many companies wil
CNBC
Aug 22, 2013 7:00pm EDT
" anchor desk when this all went down. brian, for viewers who missed the big news today tell us what happened. >> reporter: we're still trying to figure out what happened. i'll give you what we do know and figure it out from there. about 12:23 you started to see this stuff come down hey i can trade, i'm not getting a bid ask, no price. what happened the nasdaq there was price discovery problem. the trading was fine, figuring out the price was not. that was about 12:23. at first it seemed like a small deal. then bigger. shortly after that the nasdaq halted all nasdaq trade stocks and it wasn't just at the nasdaq because you can trade nasdaq names on other platforms, but all the other platforms were stopped trading because nobody could uncover the correct price for anything, basically around 3:30 stocks started trading again. it didn't affect anything except the nasdaq price itself. we finally got a statement and it said there was a problem, basically price transparency but didn't go into further detail exactly what the problem was or what caused it. >> i got a copy of this thing that
CNBC
Aug 13, 2013 7:00pm EDT
billionaire investor used social media, twitter to announce he's taking a big position in apple, the stock soors. >>> so much for the affordable part of the affordable health care act. the administration is postponing another big part of the law. this time it's the cap of out of pocket costs for consumers. all those stories and more coming up on the "the kudlow report," right now. >>> good evening. this is "the kudlow report." larry is off tonight. airline stocks plunging today. the u.s. government in several states suing to block the merger between u.s. airways and american airlines. phil lebeau joins us now with the details. >> reporter: this is all about whether or not you believe the merger between u.s. airways and american airlines hurts competition around the country. the justice department says that is clearly what's going on if these two airlines merge. a number of routes where there is not enough competition. we'll talk about one specific airport in particular. the lawsuit will also slow down amr's bankruptcy exit. there was supposed to be a vote on thursday that would allow
CNBC
Aug 9, 2013 7:00pm EDT
surveillance program. nbc news' own steve handelsman joins us now with all the details. good evening, steve. what are the high points, in your judgment. >> reporter: if you're in russia today and you're the admitted nsa leaker, you're the alleged american traitor, you're edward snowden and you're watching this white house news conference here today, you had to be smiling. president obama number one ordered a look at the nsa phone data recording program. he ordered that the court that oversees it no longer just rubber stamp all the nsa requests. he ordered more public disclosure by the nsa and he impanelled a group to make further recommendations. the president saying he wants the public to see the nsa the way he sees the nsa. >> all these steps are designed to ensure that the american people can trust that our efforts are in line with our interests and our values. and to others around the world i want to make clear once again that america is not interested in spying on ordinary people. our intelligence is focused above all on finding the information that's necessary to protect our pe
CNBC
Aug 27, 2013 7:00pm EDT
street journal columnist stevens to kill bashar al assad. mr. stevens will be joining us in just a few moments. "the wall street journal" editorial page, meanwhile, is calling for regime change. the white house says that's not what it wants to do. and i don't get that. another big story tonight is the debt ceiling battle. treasury secretary jack lew on cnbc this morning said president obama will not negotiate over the debt ceiling bill and now it looks like a battle royal is brewing in washington, d.c. these stories and many more coming up in "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." in a major developing story, nbc news is reporting a strike against syria could come as early as thursday. aids say president obama and no longer questions if the syrian government used chemical weapons. the questions are what will the u.s. do and with who's help. nbc's richard engel joins us now from the turkey/syria border with all the latest details. good evening, richard. >> reporter: larry, syria is showing no signs by being det
CNBC
Aug 1, 2013 7:00pm EDT
cruz joins us exclusively to tell us about his strategy. >> and then russia spits in president obama's eye and gives asylum to nsa leaker edward snowden. next month's summit in russia still go on? can the white house let this happen without any response? all those stories and much more coming up on the "kudlow report" beginning right now. >> good evening, everyone. i'm larry kudlow. this is the "kudlow report." first up tonight, very strong start for stocks this month. the dow and s&p closing at record highs. by the way, it's the first time the s&p has closed above 1,700 points. with yesterday's dovish fed statement, you got solid earnings this quarter and some positive economic data with today's jobless claims. are we in the perfect climate for stocks? we never are but we have to ask our distinguished experts. first up, dennis gartman and we have ed bartowski. i want to go to my pal dennis gartman. you know better than i do, there's never a perfect scenario. when you think everything is perfect, it's not perfect. i wanted to ask you as you see the world, where's the fly in thi
CNBC
Aug 15, 2013 7:00pm EDT
world has changed around us, thanks to the obama administration and other structural weaknesses. that's why walmart and macy's are showing such rotten results. the consumer's very weak even though we are seeing a lot of employment because it's extremely low grade employment. you can't have a consumer boom without macy's and walmart participating. you can't have a capital spending improvement without cisco improving. we still have an extremely weak economy, very poor revenues in the s & p, very weak profit growth and the likelihood -- >> why is the fed talking about taking their foot off the pedal? >> as greenspan said, you have to taper at some point, whether or not the economy is strong or not. you can't keep up this bond buying program forever so you might as well start tapering now. like somebody said during the vietnam war, they're going to declare victory -- >> and go home. regardless of whether or not they've won. larry, your assessment of the market today? >> biggest concern today is after a month and a half of dovish comment after dovish comment after fed -- >> let's exp
CNBC
Aug 20, 2013 7:00pm EDT
taper. just think of it. that's my take. of course, what these markets and economy could really use is a good tax cut. we're not going to get it from president obama. but he should listen to the lessons of the president john f. kennedy, who 50 years ago was a pro-growth tax-cutting supply cidsid sider who finally got the american economy roaring. just wait until you see this on tape. you'll soon believe that jfk was a liberty-defending neocon supply side tax cutter. finally, speaking of taxes tonight, did you know the most expensive money-making colleges in america don't pay any taxes? that's right. they're tax-exempt. even while tuitions are skyrocketing. but the call to change all that is getting louder and louder. all those stories and much more coming up in "the kudlow report," beginning right now. >>> first up tonight, a strong selloff overseas as markets around the world took the brunt of fed taper fears. but less than 24 hours until the latest fed minutes are released, will investors hear more guidance from the fed? good evening, robert. >> hi, larry. the markets moved sidewa
CNBC
Aug 2, 2013 7:00pm EDT
africa starting this weekend. nbc news' pete williams joins us now with all of the details. good evening, pete. >> u.s. officials say this in response to an al qaeda threat from yemen. some kind of unspecified plot to attack u.s. diplomatic posts overseas starting this sunday. in response, the state department ordered sunday closings for seven embassies and consulates in 17 foreign countries and there are reports and these are posts that would normally be open on sunday and that's the usual work day in the muslim world and they're mostly in the middle east and north africa. it is unclear at this point whether they would remain closed beyond sunday and the state department has also issued a world wide travel alert for americans who live or are traveling overseas and it urges them to be extra vigilant during the coming month and that's an indication of how long this threat window is for at least four weeks. they say that the plot may target not only u.s. diplomatic post, but other u.s. targets or western interests and officials aren't saying much about what's behind this threat other than
Search Results 0 to 21 of about 22